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USPshnik [31]
3 years ago
7

Owner's withdrawals:______.

Business
1 answer:
MArishka [77]3 years ago
8 0

Answer:

Owner's withdrawals:______.

a) decrease owner's equity.

Explanation:

The withdrawals made by the owner of an entity reduces his or her equity interest in the entity.  Owner's withdrawals are transfers of cash from the business to its owner.  They are not expenses of the business and do not appear in the income statement.  Instead, withdrawals may occur when an organization is spinning off extra cash or when the owner has an immediate personal need for the funds. The forms of business organizations that allow for withdrawals by the owners are the partnership and the sole proprietorship.

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The correct answer is (e)

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Do you believe that his message on that aspect of life is sound, biblically speaking? Explain. Your answer should reflect carefu
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g A company issues a ten-year bond at par with a coupon rate of 6.5% paid semi-annually. The YTM at the beginning of the third y
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